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What Roles Do API Methods Play On The Blockchain?
Hacker Noon January 30, 2021
Blockchain APIs are useful for managing wallets, viewing and analyzing transaction notes, and getting all changes in the state of the network in real-time.
Let’s back up a bit – An API is a description of the methods that one computer uses to communicate with another one.
Main API directions
The main use of API can be divided into two categories:
- to work with cryptocurrencies
- to work with other blockchain devices
The APIs related to cryptocurrencies are divided into three categories:
Crypto Wallet API allows applications to access and manage funds in wallets. You don’t have to maintain your node and wallet to transfer and receive transactions. There is no need for confidential keys.
Block Explorer API with...
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